Jet Airways To Meet State Bank Of India, Other Lenders Today: 10 Points

INSUBCONTINENT EXCLUSIVE:
Jet Airways had a debt of Rs 8,052 crore as of September 30, 2018 Jet Airways, which is struggling
with debts to tune of over Rs 8,000 crore, will meet a group of lenders including State Bank of India (SBI) at around 2 pm on Tuesday
The meeting of Jet Airways with its lenders comes amid falling crude oil prices, an opportunity that airline wants to use to assure banks
and improve its cash flows
Jet Airways had last year defaulted on a scheduled loan repayment, creating ripples in country's aviation sector